Finding coverage for someone who is currently taking Combivent (albuterol and ipratropium) can become a challenge particularly if the client is a current tobacco or nicotine user.
Combivent is a metered-dose inhaler that works as a combination anticholinergich bronchodilator and a selective beta2-adrenergic bronchodilator used to treat and prevent symptoms such as wheezing and shortness of breath caused by chronic obstructive pulmonary disease (COPD).
About Chronic Obstructive Pulmonary Disease (COPD):
Chronic obstructive pulmonary disease (COPD) consists of two main forms, chronic bronchitis, which involves a long-term cough with mucus and Emphysema, which involves destruction of the lungs over time.
Now as you can see, the severity of the “condition” being treated by Combivent can vary greatly. This is why when we try to make a “blanket” statement about what “rate class” one can qualify for, we sort of need to be “vague”.
This is because…
Yes, there is that 1-2% of folks who may qualify for a “Preferred” rate class while taking Combivent, but in reality, most COPD and Emphysema applicants are generally going to qualify for a Standard or Standard Plus rate class at best.
Questions that are going to come into play on your life insurance application:
- What age you were diagnosed with COPD?
- Is your COPD due to asthma, chronic bronchitis, or emphysema?
- What additional medications you take?
- What is your current state of health?
- Is your COPD remaining stable or slowly worsening?
- Do you use tobacco or nicotine products?
- Electrocardiographic (ECG) findings may be required?
- Have you ever been hospitalized for your COPD?
- Are you currently working now?
- In the past 12 months have you applied for or received any form of disability benefits?
Additionally, as a general rule of thumb, any client that is currently smoking while also using Combivient to treat their COPD or emphysema should probably consider a guaranteed issue life insurance policy rather than a fully underwritten term or whole life insurance policy.
This is because in our experiences, insurance companies really don’t like to see current COPD applicants using any form of tobacco or nicotine products. This would include anyone using electronic cigarettes or nicotine gum.
Not all life insurance companies are the same.
The life insurance industry is just like every other industry out there. Competition is constantly driving insurance carriers to compete for your business. As a result, carriers take on “niches” in an effort to earn market share. It is important to know these niches and it is important the agency you chose has the freedom to choose from multiple life insurance carriers.
As a consumer, it is in your best interest to work with an agency that is not bound to any one carrier and will be able to shop your application to dozens of different COPD friendly life insurance companies available, including the best senior life insurance companies. Only by doing this can you ensure that you are getting the best policy tailored to your specific needs.
By working directly with TermLife2Go you will have an assigned agent dedicated to your application. This agent will be available to you throughout the entire application process; he or she will provide you with status updates as your application goes through underwriting and will also review your application at time of approval to ensure that you are still getting the best deal out there! For more on how TermLife2Go goes the extra mile for you, please read TermLife2Go’s 4 Step Process for Getting Clients with Pre-existing Conditions Approved for Life Insurance.
So what are you waiting for? Just give us a call to see just what we can do for you!
Lastly, because you could potentially qualify for a life insurance policy that will not require you to take a medical exam, we would suggest that you to take a look at our No Medical Exam Life Insurance Quote page which will allow you compare prices multiple term and whole life insurance quotes instantly!